# Motilal Oswal invests ₹100 crore in Kusumgar for engineered fabrics

Motilal Oswal Financial Services invested ₹100 crore in Kusumgar, backing growth in engineered fabrics.

- Type: Investment
- Announced: 2024-07-31
- Where: India
- Value: $12.0M (1.00B INR)
- Status: announced
- Products: engineered fabrics
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md)

## Companies

- [Kusumgar](https://endata.com/companies/78903.md)
- [Motilal Oswal Financial Services](https://endata.com/companies/78902.md) (investor)

## Sources

- [worldoftechnicaltextile.com](https://worldoftechnicaltextile.com/category/corporate-news/), 2024-07-31: "In a significant move that underscores confidence in India’s growing technical textiles and engineered fabrics sector"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.